Plan Snapshot
- Plan Sponsor: Mshc INC. Dba Service Logic
- Sponsor EIN: 205277888
- Sponsor Address: 650 SOUTH TRYON STREET, CHARLOTTE, NC, 28202
- Plan Type: 401(k)
- Total Participants: 3,341
- Total Assets: $225.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,341 | $225.9M | $7.3M | $19.5M |
| 2023 | 1,823 | $157.9M | $4.5M | $12.0M |
| 2022 | 1,676 | $98.0M | $3.5M | $9.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $69,116 | — | $69,116 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,116
- Estimated Expense Ratio: 0.031% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $299,781 | $32,807 | — | $69,116 | — |
| 2023 | $133,236 | $27,712 | $600 | — | — |
| 2022 | $160,342 | $20,141 | — | — | — |